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Delta Returns Drills to Its New Gold Discovery at Its Delta-2 Gold Property in Chibougamau, Quebec
KINGSTON, ON / ACCESSWIRE / March 22, 2021 / Delta Resources Limited ("Delta" or "the Compa...
About this update from Delta Resources Limited
[{"type":"text","content":"Delta Returns Drills to Its New Gold Discovery at Its Delta-2 Gold Property in Chibougamau, QuebecKINGSTON, ON / ACCESSWIRE / March 22, 2021 / Delta Resources Limited (\"Delta\" or \"the Company\") (TSXV:DLTA)(OTCBB:DTARF)(FRANKFURT:6G01) is pleased to announce it has secured a drill and is currently drilling to further test its new gold discovery at the Delta-2 Gold Property in Chibougamau, Quebec. Drilling began on March 13th and is ongoing.The primary objective of this phase of drilling is to better understand the geometry of the two mineralized zones intersected in drill holes D2-21-28 and 29. Up to (7) seven drill holes are planned for a total of approximately 1000 metres. Delta is planning to test the extensions of the mineralized zones after the spring breakup.As announced in a press release dated March 4th, 2021, Delta reported high grade gold intercepts in two drill holes with the following results (core angles suggest true thicknesses to be close to drill-core lengths):Drill Hole D2-21-28:24.6m to 27.1m: 18.88 g/t gold over 2.5mIncluding: 50.75 g/t gold over 0.9m120.8 to 121.6m: 14.08 g/t gold over 0.8mDrill Hole D2-21-29:25.0m to 27.0m: 3.76 g/t gold over 2.0m116.4m to 117.5m: 1.81 g/t gold over 1.2mIncluding: 3.13 g/t Gold over 0.5mThe new discovery was made while testing the extensions of the Due Diligence gold occurrence discovered through prospecting by Delta in 2019. At Due Diligence, surface grab samples had returned up to 55.8 g/t gold in grab samples (see press release October 28, 2019) while channel samples returned 22.97 g/t gold and 10.25 g/t gold over 25 centimetres (see press release October 26, 2020).Other News:To clarify further communications to investors, Delta Management has decided to subdivide its Delta-2 Property to better reflect the sought-after commodities in the different parts of the property. As of this press release:THE DELTA-2 GOLD PROPERTY will refer to the southwestern portion of the property which shows a high potential for hydrothermal gold mineralization.THE DELTA-2 VMS PROPERTY will refer to the northeastern portion of the property where Delta is exploring for gold-rich Volcanogenic Massive Sulphide (VMS) deposits.Sampling, Analytical Protocol Geochemical analyses were performed by SGS Canada Minerals Laboratories in Lakefield, Ontario and Burnaby British Columbia.Core logging and sa...